Will low monthly income impact my visa application as a digital nomad in Thailand?

Dec 12, 2024
6 days ago
Joel *******
ORIGINAL POSTER
So my business get larger lump sums of money during summer and slows down in winter, so my past 4-6 months looks rather dull vs my summer last year and coming...

Proving funds is fine, but if they look they won't see alot of incoming money for the past few months.

Is that going to be an issue?

Also, what is considered a digital nomad? Paying tax in my own country or in thailand?
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TLDR : Answer Summary
The poster is concerned about seasonal income fluctuations affecting their ability to prove funds for a visa application in Thailand. They received reassurance from commenters that having 500,000 THB in bank statements is sufficient, and that income requirements are not strictly enforced. It's suggested that annual tax returns are more relevant than recent income records. Additionally, for digital nomads, tax obligations typically lie with the country where income is generated, with provisions for avoiding double taxation in place, depending on agreements between countries.
John *******
FYI _ They will want to look at personal bank accounts, not business accounts. If these are business accounts, they wont accept them.
Marco *******
Just use tax returns which is for last year anyway

For tax you usually pay in the country where the money is sent to, or booked under, usually where your company is located, then you pay tax for income brought to Thailand, due to double taxation agreements you usually only pay the difference

Exceptions apply obviously especially when it comes to taxes, but this is probably how it goes for like 4 out of 5 people in here
Pascal ***********
500K funds are shown by the balance of your bank statements.

Income -often not asked but can facilitate your application as remote worker/digital nomad- is shown by yearly tax returns, not by monthly revenues.
Joel *******
ORIGINAL POSTER
So I also need proof of address right? Anything else?
Wannikea *********
Not an issue.
Ryan ******
If you have the 500k your fine, they are no income requirements per se